Art Moderne classic; Excellent rental potential with lucrative weekend-only, seasonal tenants guaranteed through 2033. An entertainers dream: accomodates 93,000+ guests. Asking Price: TBA
The LA Times is reporting that the Governor's revised budget plan, out tomorrow, includes proposed sale of a bunch of State properties to raise money for the anemic state coffers , including San Quentin prison and now the LA Coliseum, to name a few.
Check out their story here. Also take a look at this LA times blog from earlier this month by a Los Angeles State Senator on why selling the Coliseum is a good idea ... for the sake of the venue, and its fans.